Ooh, food for thought in this. I’m always skeptical of most Workfare proposals because they’re usually a shield for washing govt hands of duty of care so politicians can divert $$ into their own pockets.
But this has potential. Properly implemented it would be a stable income source for govt *so long as* “how the debt” is used is also properly managed and not just the playthings of politicians.
It wouldn’t interfere with private companies either. Not sure if I’m on board 100% as my old skepticisms are coming out – but it’s a perspective I hadn’t considered and already beats the mythical InvisibleHandOfTheMarket in stability and inflationary control.
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